Why Apple Stock Inched Higher on Tuesday
After market hours Monday, a researcher initiated coverage of (NASDAQ: AAPL) stock, and his positive take on the company helped send its shares higher the following day. Apple closed Tuesday 0.6% in positive territory in a trading session that saw the S 500 index decline by 0.1%.
The analyst behind the move was Bernstein SocGen Group's Mark Newman, who launched his Apple tracking with a recommendation of outperform (buy, in other words). The pundit set his price target at $290, anticipating upside of 22% on the high-profile tech stock's most recent closing stock price.
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Source Fool.com
Apple Inc. Aktie
219,45 €
-0,43 %
Die Community bevorzugt leicht Apple Inc., mit etwas mehr Buy- (91) als Sell-Einschätzungen (8).
Ein Kursziel von 229 € für Apple Inc. impliziert ein leicht positives Wachstum gegenüber dem aktuellen Kurs von 219.45 €.
